1071 Richmond Rd - Specialty FOR SALE


Ottawa, ON K2B 6R2- Westboro
$4,500,000 CAD
613-683-2203
1071 Richmond Rd, Ottawa, ON for Sale
$4,500,000 CAD
Specialty - FOR SALE
1/1
null | Request Cap Rate

1071 Richmond Rd
Ottawa, ON K2B 6R2
Westboro


HIGHLIGHTS

  • Zoned TM - Traditional Mainstreet
  • On-site parking
  • Steps from future New Orchard LRT station
  • Available immediately

OVERVIEW

This four-storey commercial building totaling 19,260 sq ft is well-located on Richmond Road, just steps from the upcoming New Orchard LRT station. The property benefits from excellent connectivity, with close proximity to the Kichi Zibi Mikan Parkway and convenient access to Highway 417. Zone TM - Traditional Mainstreet, the site permits a wide range of commercial uses and offers strong long-term flexibility. The property is being offered with a sale-leaseback, with lease terms to be negotiated, providing purchasers with immediate stabilized income and long-term redevelopment potential. Combined with its transit-oriented location and established urban setting, the property presents compelling future redevelopment potential.

FOR SALE DETAILS

PRICE

$4,500,000 CAD

PRICE/SF

$234 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tungasuvvingat Inuit

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,244 SF

ZONING

TM

APN/PARCEL ID

061409490301400

ASK ABOUT THIS PROPERTY

Abarnath DevarajColliersMore Info
613-683-2203

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Abarnath DevarajColliersMore Info
613-683-2203

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.